DENVER, May 26, 2017 /PRNewswire/ -- The United States
Department of Energy announced today that Four Rivers Nuclear
Partnership, LLC., a CH2M-led company with partners Fluor
Corporation and BWX Technologies, Inc., was awarded the Paducah
Deactivation and Remediation (D&R) Contract at the Paducah
Gaseous Diffusion Plant. The Paducah site is situated on approximately
3,500 acres in Western Kentucky,
eight miles west of Paducah,
Kentucky, and 3.5 miles south of the Ohio River.
The performance based contract is valued at approximately
$1.5 billion over ten years; the base
term is five years valued at approximately $750 million, followed by three-year and two-year
option periods, valued at an approximate total of $750 million combined. A transition period is
scheduled to begin on June 2017.
The site, built in the 1950s as part of the nation's nuclear
weapons complex, processed uranium from 1952 to 2013 for military
reactors, nuclear weapons, and nuclear power plant fuels. The
D&R contract includes management of over 650 structures,
properties, and buildings and will optimize short- and long-term
surveillance and maintenance costs to allow for additional
stabilization, deactivation and remediation activities, reducing
risk and future demolition costs.
About CH2M
CH2M leads the professional services industry delivering
sustainable solutions benefiting societal, environmental and
economic outcomes with the development of infrastructure and
industry. In this way, CH2Mers make a positive difference providing
consulting, design, engineering and management services for clients
in water; environment and
nuclear; transportation;
energy and industrial markets,
from iconic infrastructure to global programs like the Olympic
Games.
Ranked among the World's Most Ethical Companies and top firms
in environmental consulting and program management, CH2M in 2016
became the first professional services firm honored with the World
Environment Center Gold Medal Award for efforts advancing
sustainable development. Connect with CH2M at
www.ch2m.com; LinkedIn;
Twitter; and Facebook.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering,
procurement, fabrication, construction and maintenance company that
designs, builds and maintains capital-efficient facilities for its
clients on six continents. For more than a century, Fluor has
served its clients by delivering innovative and integrated
solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on
the FORTUNE 500 list with revenue of $19 billion in 2016 and has more than 60,000
employees worldwide. For more information, please
visit www.fluor.com or follow us on
Twitter @FluorCorp.
About BWXT
Headquartered in Lynchburg,
Va., BWX Technologies, Inc. (NYSE:BWXT) is a leading
supplier of nuclear components and fuel to the U.S. government;
provides technical and management services to support the U.S.
government in the operation of complex facilities and environmental
remediation activities; and supplies precision manufactured
components, services and fuel for the commercial nuclear power
industry. With approximately 6,100 employees, BWXT has nine major
operating sites in the U.S. and Canada. In addition, BWXT joint ventures
provide management and operations at more than a dozen U.S.
Department of Energy and two NASA facilities. Follow us on Twitter
@BWXTech and learn more at www.bwxt.com.
Contact:
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Tom Doerr
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CH2M, Corporate
Marketing and Communications
|
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720-286-3004
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tdoerr@ch2m.com
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SOURCE CH2M